Common use of Equals or Exceeds Maximum Clause in Contracts

Equals or Exceeds Maximum. If, upon the conclusion of the Performance Period (or the date of the Change in Control if Section 1(e)(ii) of this Exhibit A is applicable), RTSR for the Performance Period equals or exceeds the maximum level, as set forth in the Performance Matrices, 150% of the PRSUs will become earned.

Appears in 3 contracts

Samples: Performance Based Restricted Share Unit Inducement Award Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Inducement Award Agreement (TimkenSteel Corp), Performance Based Restricted Share Unit Agreement (TimkenSteel Corp)

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Equals or Exceeds Maximum. If, upon the conclusion of the Performance Period (or the date of the Change in Control if Section 1(e)(ii) of this Exhibit A is applicable), RTSR for the Performance Period equals or exceeds the maximum level, as set forth in the Performance Matrices, 150% of the PRSUs will shall become earned.

Appears in 1 contract

Samples: Performance Based Restricted Stock Unit Agreement (TimkenSteel Corp)

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